Posts tagged as:

crisis

Still Scratching Head About Housing Bubble and Credit Crisis?

May 22, 2010

I think this might explain the head scratching caused by the intentional obscuring of the scam that has caused us the bewilderment: The mortgages (underwriting by lenders like your local bank and national mortgage underwriters like Countrywide) where sold to investment banks that packaged them into MBS Trusts (regulated Mortgage Backed Security Trust buys mortgages [...]

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How to secure school loans in this economic crisis?

April 18, 2010

With the current economic situation, I’m finding it tough to secure a school loan to meet my education financial needs. I’ve used all the government money available to me, which isn’t nearly enough to cover my tuition and room and board. How do students like myself, go about acquiring the funds needed? My parents can [...]

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Is the ongoing housing,mortgage &credit crisis &its impact on the overall economy” the result of bad finance?

April 12, 2010

The acts of a few greedy lenders(large financial corporations in the banking and finance and stock market business-the result of recent deregulation) that tried to cheat the economic system like Enron and Worldcom did? To Make the lender the vic and the customers the villains makes alot of sense, makes no sense to me. Isn’tThe [...]

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Should the government bail out Mortgage lenders and Banks who caused this mortgage crisis?

March 31, 2010

I think the economy will come back on its own. It wont be tommorow but it will. I don’t think the government should help financial institutions who DID THIS TO THEMSELVES. Sets a bad example. They did it by giving loans to people who could not afford to pay or had bad credit also with [...]

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How to deal with the quarter life crisis?

March 13, 2010

It is my birthday today. I am 25. I am going through a quarter life crisis and I don’t know how to deal with it. help The Quarter-Life Crisis by unknown It is when you stop going along with the crowd and start realizing that there are a lot of things about yourself that you [...]

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